by Becky Webber | Sep 10, 2024 | Market Update, Mortgage Rates, Real Estate
Did you hear? Mortgage rates are at a 15-month low right now, and with the Fed cutting rates, they might drop even more. If you’ve been thinking about refinancing your mortgage, this could be a great time to do it and save some money. But before jumping in, let’s...
by Becky Webber | Aug 27, 2024 | First Time Home Buyers, Home Buying, Market Update, Mortgage Rates
Today’s mortgage scene is looking a bit brighter! The average rate for a 30-year fixed mortgage is now 6.51%, a small drop from last week. Meanwhile, the 15-year fixed rate is sitting at 5.91%, also down slightly. With inflation finally cooling off and the job...
by Becky Webber | Jul 25, 2024 | Mortgage Rates, Technical Mortgages
What is a Mortgage Recast? If you’re wanting to reduce your monthly mortgage payment without refinancing, mortgage recasting might be the answer you’re looking for. By making a lump sum payment towards your principal balance, you can effectively lower your...
by Becky Webber | Feb 8, 2024 | First Time Home Buyers, Home Buying, Mortgage Rates
If you’re in the home-buying market, you’re probably keeping a close eye on mortgage rates. These rates have been on a wild ride in recent years, hitting historic lows, surging, and now gradually coming back down. But what’s driving these...
by Becky Webber | Sep 19, 2023 | First Time Home Buyers, Home Buying, Housing Inventory, Mortgage Rates, Real Estate
Ever wondered why finding a house to buy feels like searching for a needle in a haystack these days? It’s a legit question, and you might be thinking about waiting for better times, but hold on a sec – that might not be the smartest move. Here’s the...
by Becky Webber | Jul 24, 2023 | First Time Home Buyers, Home Buying, Mortgage Rates
Before you decide to sell your house, it’s important to have an understanding of the current housing market. One trend we are noticing is that homebuyers are starting to adapt to today’s mortgage rates and appear to be accepting them as the new normal. Looking at the...
